cash equivalents increased by Baht 10. 60 million due to better liquidity of the group as a result from Initial Public Offering (IPO). • Restricted cash decreased by Baht 51. 06 million because repayment

31 December 2017 was increased from 2016 by Baht 320.20 million or 68.58 per cent. The significant transactions included of, cash and cash equivalents has net-increase amount Baht 79.98 million, which

cash equivalents increased by THB 4,110 million driven by cash generated from operations (see cash flow analysis). IPO proceeds were partly invested in short and long term debt securities resulting in

million, decreased 2% from year 2017. Current assets mainly increased from the increase of cash and cash equivalents, trade accounts receivable and inventory of the Subsidiary Company. Non-current assets

Assets 2018 2017 + (-) % (in million Baht) Current assets Cash and cash equivalents 258 591 (129%) Temporary investment-trading security 11 12 (6%) Trade accounts receivable 14 48 (249%) Amounts receivable

from the decrease of inventory, cash and cash equivalents. Non-current assets mainly decreased from depreciation. บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and

, decreased 2% from year 2018. Current assets mainly came from the decrease of inventory of subsidiary, however cash and cash equivalents for both the Company and subsidiary increase. Non-current assets mainly

cash equivalents, trade accounts receivable and inventories whereas the decreased in non-current assets mainly due to the depreciation for property, plant and equipment.  Total Liabilities As of 31

2019, Cash and cash equivalents amounted to 80.24 million baht increased by 26.89 million baht for the year 2018, which the details of the acquisition and uses of cash in the year 2019 as follow

increased from by Baht . million or . per cent. Significant transactions included of cash and cash equivalents comprised of net-increase amounting to Baht . million and temporary investment increase